In a single-server queuing model, L represents the:
A) length of time a customer waits.
B) size of the queue.
C) average number of customers waiting and being served.
D) length of the line.
Answer: C
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Which of the following is NOT a complex General Objective Measure for segmenting a market?
a. Demographic profiling b. Family life cycle c. Status Change d. Personicz® Lifestyle Geoclusters e. Social Class
As of December 31, Year 1, Gant Corporation had a current ratio of 1.29, quick ratio of 1.05, and working capital of $18,000. The company uses a perpetual inventory system and sells merchandise for more than it cost. On January 1, Year 2, Gant issued common stock at par value for $10,000 cash. Which of the following statement is correct?
A. Gant's working capital will decrease. B. Gant's current ratio will increase. C. Gant's quick ratio will decrease. D. Gant's current ratio will decrease.
________ is a situation in which employers seek to avoid unionization by offering workers the wages, benefits, and working conditions that rival unionized firms do.
A. Spillover effect B. Bargaining savoir faire C. Equitable arbitration D. Matched cause
Keen Beans, a leading coffee roaster, anticipated that the prices of coffee beans from Costa Rica, where its main suppliers were located, would double in less than three years. This would significantly affect Keen Beans' profit margins. Thus, Keen Beans decided to develop a new partnership with a supplier in Indonesia. As predicted, the price of Costa Rican coffee beans increased twofold. Because the price of Indonesian coffee beans was much lower, Keen Beans was able to maintain its profit margins in turbulent times. Which of the following isolating mechanisms does this scenario best illustrate?
A. causal ambiguity B. better expectations of future resource value C. time compression diseconomies D. intellectual property protection